MARFIN Research
Research notes behind the framework
These articles explain how MARFIN can be studied through regime-conditioned option surfaces and how the options market can be used as an independent validation layer for the framework itself.
Options research
From regime-conditioned option surfaces to spread shape mispricing
How MARFIN states can be used to build option-surface baselines, compare fair and market-expected volatility, and study mean-reverting spread-shape distortions.
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Model validation
How the options market validates the MARFIN regime framework
A walk-forward validation study showing that MARFIN states contain information reflected in option implied volatility, skew, and spread-shape normalization.
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